Former Portsmouth owner makes contribution to January wages

Championship Portsmouth have still not been paid their January wages, despite ex-owner Balram Chainrai saying he had made up the shortfall, BBC Solent reports.

Championship Portsmouth have still not been paid their January wages, despite ex-owner Balram Chainrai saying he had made up the shortfall, BBC Solent reports.

The club were issued with a winding-up petition by HM Revenue and Customs on 3 January and will appear at the Royal Courts of Justice on 20 February.

Chainrai says he is flying to the UK to sort out the stricken club's future.

"Not many people would do this, but we wanted to help sustain the club through this difficult period," Chainrai told the South China Morning Post.

"I've very happy memories of Portsmouth FC and don't want to see it go under."

The Hong Kong-based businessman, who owned the club with Israeli Levi Kushnir through a company called Portpin, is still owed £17m.

"I'm still in a good position," he added.

"I still have a debenture over the club as security on the club's full assets, so one way or another I'm going to get my money back.

"But I don't want to see the club liquidated. Anything I can do to help Portsmouth I will."

 
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